Part 4/7:
Given the current discoveries and development timelines, Muckerman suggested that while predicting short-term price movements can be complex, the basic economics of supply and demand suggest that limited oil supply could lead to price increases over the long term. Investors, therefore, might benefit more from focusing on long-term price trends rather than short-term fluctuations. This is especially pertinent in an economic climate that could witness temporary price declines before a sustained recovery is experienced.